Discovery Communications (DISCK) : During the past 4 weeks, traders have been relatively bearish on Discovery Communications (DISCK), hence the stock is down -0.86% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.18% relative to the S&P 500. The stock has risen by 0.32% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.99% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.66% and the 50-Day Moving Average is 1.55%.The 200 Day SMA reached 3.8%. Discovery Communications, Inc. has dropped 8.93% during the last 3-month period . Year-to-Date the stock performance stands at -0.56%.
Discovery Communications (NASDAQ:DISCK): After opening at $24.98, the stock dipped to an intraday low of $24.93 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $25.2 and the buying power remained strong till the end. The stock closed at $25.08 for the day, a gain of 0.52% for the day session. The total traded volume was 820,638. The stocks close on the previous trading day was $24.95.
Discovery Communications, Inc. (Discovery) is a media company. The Company provides content across multiple distribution platforms, including pay-TV, free-to-air and broadcast television, Websites, digital distribution arrangements and content licensing agreements. Discovery operates in three segments: U.S. Networks, consisting of domestic television networks and Websites; International Networks, consisting of international television networks and Websites, and Education and Other. The Companys U.S. Networks segment consists of national television networks. The U.S. Networks segment owns and operates 10 national television networks. The Companys International Networks segment consists of national and pan-regional television networks. The Companys Education and Other segment consists of curriculum-based product and service offerings, and production studios. The Companys subsidiaries include Discovery Holding Company (DHC) and Discovery Communications Holding, LLC (DCH).